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UK economy assessments should be cut to one a year, IMF suggests

25d ago
Business
BBC Business
Business strategy
The International Monetary Fund (IMF) has recommended that the UK reduce its economic assessments to once a year. Currently, the UK undergoes multiple assessments annually. The IMF argues that this change would alleviate pressure for frequent policy adjustments, potentially fostering greater economic stability and a more consistent approach to fiscal and monetary policy. The suggestion comes as the UK grapples with ongoing economic challenges and seeks to establish a more predictable economic framework. The IMF's proposal aims to streamline the assessment process and allow for more considered policy decisions.
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